Sebi to shift buyback route from bourses to companies directly

The board of markets regulator Sebi on Tuesday agreed to change the buyback process to make it more investor-friendly, and introduced a new category of brokers with enhanced risk-mitigating measures. Sebi will also introduce a new platform to invest in direct plans of mutual funds. It changed rules that would enhance the board & governance structure of market infrastructure institutions (MIIs).

source https://timesofindia.indiatimes.com/india/sebi-to-shift-buyback-route-from-bourses-to-companies-directly/articleshow/96381385.cms